CB&I Announces Award for 671-Megawatt Combined-Cycle Gas Turbine Power Station

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Jun 19, 2014, 08:00 ET

THE WOODLANDS, Texas, June 19, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract by AES Corporation subsidiary Indianapolis Power & Light Company valued at more than $500 million for the engineering, procurement and construction (EPC) of a combined-cycle gas turbine power station near Martinsville, Indiana. The 671-megawatt unit will be built adjacent to the existing Eagle Valley station.

"This award continues CB&I's history of successful combined-cycle gas turbine EPC projects and exemplifies CB&I's expertise in helping Indianapolis Power & Light Company meet the growing demand for clean, affordable and reliable energy," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group.

About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

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